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Dear Gurus, I am looking to buy a private property with my wife. However, we are currently servicing a HDB loan and thus are eligible only for a loan of 60% of the property value from the banks. We are wondering if we could raise the loan quantum to 80% if we buy the new property under our parents’ name? We will service the loan of cause. Thanks in advance.
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2 Answers

Adeline Koh 高慧珍
Replied
Hi Roger,
You can put under your parent's name and act as guarantor but bank will also need to assess whether they can grant your 80% . Probably you can contact me I recommend a good banker that can give you more advices too.
Do share with me which private property you are looking into it so that I can intro some new launch projects to you too !

Regards
Adeline from Orangetee
 9366 9447  Read More
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YT Tan (陈永达)
Replied
Hi Roger,

As my fellow property agents had clarified your doubt, what I can do is to recommend a few bankers that can help in your situation. Feel free to contact me if you need any assistance.

Hope to hear from you soon.

Warmest Regards,
YT Tan
ECG Property
Mobie: 9111 5171 
Email: yt.lovelyhomes@gmail.com Read More
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